Benzinga's Top Downgrades

Analysts at Credit Suisse downgraded Kroger Company (The) KR from “outperform” to “neutral.” The target price for Kroger has been lowered from $48 to $39. Kroger's shares closed at $39.26 yesterday. Analysts at Stifel Nicolaus downgraded CSX CSX from “buy” to “hold.” CSX's shares closed at $29.23 yesterday. Jefferies downgraded McCormick & Company MKC from “buy” to “hold.” The target price for McCormick has been lowered from $76 to $74. McCormick's shares closed at $69.75 yesterday. Analysts at Morgan Stanley downgraded Ralph Lauren RL from “overweight” to “equal-weight.” Ralph Lauren's shares closed at $168.08 yesterday.